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  • Avg. Revenue /month
    $280USD
  • Avg. Sessions /month1,167
  • Avg. Profit /month
    $300USD
  • Inventory value
    $400USD
Description

General description

Socksi is a fun & amazing business that sells the snazziest novelty socks! Our socks will make YOU stand out! Lots of growth potential for this store and is already in the 5% of stores opened at the same time in terms of traffic. This store is currently selling through automated dropshipping. I have taken care of everything from graphic design to digital marketing to get this store off the ground. We have an email list of over 400, our facebook page has over 1,000 followers and our instagram page has over 500 followers. We are using social media primarily to generate sales. I would love to see another owner take advantage and monetize from an already successful business. You will have direct access to myself for a full month where I will help teach you everything I know about this business to ensure a smooth and easy transition for the new owner. What's included in the sale? - Logo and branding assets - Social media accounts - Domain - Product photos - Personal support after sale - Email lists - Setup with current Facebook ads campaigns - Financials and Traffic Sources. A new owner can easily double up on the sales and profit of this store.

Why should someone buy this store?

Socksi is more than the typical dropshipping store, we have stock and have plans to expand the business exponentially. We have an LLC filed for Socksi as well as business banking accounts setup as well. The business has been setup properly from the start. The market is there and Socksi is positioned perfectly for the next owner!

How can the future owner improve the business?

I would recommend that the new owner of Socksi to look into Amazon FBA to leverage the power of the Amazon platform. I would also recommend that the new owner further nurture relationships with our current suppliers and to also expand the product line. Marketing is also a key factor which I invested in heavily and I am willing to assist the new owner on this front. I've laid the foundation and now you can take over.

What work have you put into the store?

Socksi has been started from the ground up. Everything was created from scratch including the theme has been heavily customized to incorporate key selling points which I have identified for the market. Mailchimp email marketing blasts have been automated and customized to attract current and potential customers. Facebook, Pinterest, Instragram, & Google ads have already been created and modified with hours poured into the optimization of these ads. They are proven effective and are ready for the new owner to simply turn on. I have also setup various sales channels including Pinterest, Instagram & Google Shopping. Taxes and finances are configured properly and tracked using Quickbooks. All social media accounts are setup and ready for the new owner to take control. Relationships are already in place with manufacturers and are ready for the new owner as well. The store has been setup properly from the ground up and is ready for a new owner!
Time to run this business: approximately 8 hours per week
Traffic and Performance
  • Avg. Revenue /month
    $280USD
  • Avg. Sessions /month1,167
  • Avg. Profit /month
    $300USD
  • Inventory value
    $400USD
  • Profit Margin55%
  • Avg. Sales /month18
Traffic and Revenue data comes directly from Shopify and can not be edited by the seller.
Total revenue
$4,757USD
Total traffic
19,845Sessions
Expenses
  • Shopify plan
    $30USD
    /month
  • Domain
    $1USD
    /month
Sale Includes
  • Physical inventory

  • Logo and branding assets

  • Social media accounts

  • Personal support after sale

  • Domain

  • Product photos

Social Media

Mailing list485subscribers
Social followers3,000subscribers
RC

Ryan C.

Running this business for over 1 year
I currently work in IT but I am in the process of changing careers. Unfortunately, because of this I have lost the time to fully work on Socksi. I am an avid entrepreneur and am excited to pass Socksi onto another great entrepreneur to make it as successful as I know it can be!
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